#BlackRock just sent 27,852 #ETH ($43 million) to #Coinbase .

This could indicate a few possibilities:

1. Preparation for Sale: BlackRock may be preparing to sell some of its ETH holdings, which could put short-term downward pressure on the price.

2. Liquidity Management: This transfer could be part of liquidity management or portfolio rebalancing.

3. Storage on Exchange: Placing ETH on Coinbase could also be for #staking , #trading , or more liquid storage.